Square has been doing quite well in the mobile payments business, and the company is on the edge of going public. As is expected, the company is allowing potential investors to examine the risks and uncertainties it has to contend with.
Taxi cabs have been cruising the United States helping passengers traverse the landscape for close to a century. And for most of that 100 year period, cash and coin have been the only compensation taxi drivers could accept.
On Tuesday, Javelin Strategy and Research sent a buzz through the world of mobile payments upon the publication of their annual retail point-of-sale update and forecast, a report which evaluates the actual and forecast changes in the retail POS market.
According to published reports that likely don't please the executives at mobile payments company Square, it looks like plenty of Starbucks baristas are having trouble completing transactions with Square's mobile payments solution.
In 2010 the District Department of Transportation (DDOT) in Washington D.C. initiated its new pay-by-phone parking system. The intent of this system was to eliminate the need for drivers to have change handy to feed into parking meters.